Author Question: The underground economy means that GDP will overstate the actual level of economic welfare. ... (Read 89 times)

theo · **on:** Jun 29, 2018

The underground economy means that GDP will overstate the actual level of economic welfare.

Indicate whether the statement is true or false

Question 2

Marginal utility

A) characterizes things of little use.
B) is the additional utility derived from the last unit of a good consumed.
C) is an implication of the law of demand.
D) is always negative when total utility is positive and positive when total utility is negative.